The Office for National Statistics (ONS) confirmed that the UK economy is on the road to recovery when it released figures on 26th September confirming that it grew by 0.7% in the second quarter of 2013. In addition, the ONS was able to confirm that the construction and industrial sectors had expanded at their fastest […]
How to co-ordinate your resources for better employee engagement
Unique business models All business models have their own unique ways of doing things, whether they are a small employment agency or a satellite manufacturer. What sets these individual businesses apart from their peers are the differences in the way in which they put these actions together to get things done. These variations will mean […]
Business strategy 101: Complexity theory and Turnaround strategy
Instability not stability! Management has always traditionally focussed on how to control events. The science of Chaos and Complexity concentrates on instability, not stability! This science explores how organisations are formed by the inter-reactions of individual agents and NOT their individual properties. By focussing on the emergent properties, ie the whole system and the properties […]
6 quick steps to planning a turnaround strategy
The hardest part of planning a company turnaround is recognising that you have problems, and that action needs to be taken to avoid a terminal decline. Once you have done this, anything is possible, however bad you believe the situation is. I fully recognise that time is of the essence in these situations, so here […]
How to find Turnaround Finance – a 4 step guide
Since the global financial crisis of 2008, any form of finance has been more difficult to come by, with the banks seeking to rebuild both their reputations and share prices; whilst at the same time responding to regulators’ desire for them to reduce their balance sheets. This dearth of business finance has been particularly badly […]
5 self survey questions: Need a Turnaround strategy or new finance?
5 big picture questions to help you decide if you need to look at a Turnaround Strategy or business finance support and advice. It’s often difficult when you are in the middle of a situation every day to see the big picture. What I’m suggesting here is that you take yourself outside the day job […]
14 need to know points on Cyprus and how it affects business finance
Could Cyprus be the trigger for yet another, potentially fatal Eurozone crisis? This is a problem that the EU have tried to ignore, but to no avail, it is now coming back to bite them, and in particular the Germans, in a big way! In a worst case scenario, this could lead to the exit […]
Business strategy 101 – How to get ADDED VALUE from every meeting
In today’s world, we seem to be having more meetings than ever. At the start of the technological revolution it was suggested that improved ways of communicating would reduce the need for all these face to face meetings and that we could all get on with the day job! It seems to me that what […]
How to stay Flexible when planning your business Turnaround Strategy
Flexibility is vital to the success of any business turnaround strategy One of the biggest problems in business is that just when you think you have a settled business model in a stable market, things change. This is particularly the case in these times of austerity and turbulent Global markets. There are two ways in […]
Business strategy 101 – Business funding update – March 2013
1. Funding for Lending Scheme update Banks taking part in the Funding for Lending Scheme (FLS) have cut lending sharply in the last three months according to a report this week. The lower than expected FLS figures have dampened hopes that the project could help revive economic growth. The joint initiative between the Bank of England […]